Category: Industry
Unlicensed
Oct 24, 2007 (LBO) – The United States has said it is concerned over the widespread piracy of software in Sri Lanka, which recent surveys show is as high as 90 percent. “We share the industry’s concern regarding extensive software piracy in Sri Lanka,” said James R. Moore, Chargé d’Affaires of the U.S. Embassy in […]
Cash Call
Oct 24, 2007 (LBO) – Sri Lanka’s biggest mobile phone operator, Dialog Telekom, announced Wednesday it had struck a deal with investors to raise five billion rupees through a privately placed preference share issue. The proceeds of the Preference Share Issue amounting up to Rs. 5.0 billion will partially finance the Dialog Group’s capital expenditure […]
Real Estate
Oct 24, 2007 (LBO) – Sri Lanka’s Property Development Ltd (PDL) has reported net profit for the third quarter ended September 30, 2007 rose 26 percent to 49 million rupees year-on-year. Revenue was static at 76.3 million rupees and the company benefited from a sharp rise in other operating income, mainly interest income, which rose […]
Free Visa
Oct 24, 2007 (LBO) – The United States government Wednesday urged Sri Lankans wishing to migrate to America to be vigilant of US Green Card resident visa scams. Some travel daily from Mexico to US while others settle down. The US government is unable to prosecute persons connected to bogus US Green Card web sites […]
‘t expect Murali to face racist abuse
SYDNEY, Oct 23, 2007 (AFP) – Cricket Australia chief executive James Sutherland said Tuesday he did not believe Sri Lanka’s Muttiah Muralitharan would face racist abuse from crowds during their upcoming tour.Sutherland was responding to reported comments from former Sri Lankan captain Arjuna Ranatunga advising Murali to skip the tour in the wake of Australia’s […]
Locked Up
BEIRUT, Oct 23, 2007 (AFP) – Locked up and cut off from her family for nine years, without even a penny for the endless scrubbing and washing up, Siriani knew it was time to flee or, as she says, die.Like thousands of Filipinas, Sri Lankans, Nepalese or Ethiopians, Siriani came to Beirut at the age […]
Dodgy Doctors
Oct 23, 2007 (LBO) – Some Sri Lankan doctors who work long hours attending to other people’s health, hide their wealth so well that they pay income tax on less than half their earnings, it was revealed at a recent investor forum. A health care professional working for a pharmaceuticals company told the forum organized […]
Sri Lanka tourism arrivals down 21 percent
Oct 23, 2007 (AFP) – Sri Lanka on Tuesday reported a sharp 21 percent drop in holidaymakers visiting the island, a day after Tamil Tigers launched a major suicide attack against a key military base. Tourist arrivals during the month of September slipped 3.6 percent to 37,104 compared to the same period in 2006. The […]
” mix in minutes
Oct 22, 2007 (LBO) – A two tonne ‘kottu roti’ pancake mix prepared by Hilton Hotel in the Sri Lankan capital Colombo was devoured in just an hour by hundreds of guests at its anniversary party Sunday. Colombo Hilton’s ‘Kottu Party’ got more than double the expected crowd forcing chefs to go into emergency mode […]
Sri Lanka captain says Murali record bid not a distraction
Oct 21, 2007 (AFP) – Sri Lanka skipper Mahela Jayawardene said on Sunday that winning the Test series in Australia mattered more than ace spinner Muttiah Muralitharan going for the world record. Off-spinner Muralitharan needs just nine more wickets in next month’s two Tests in Australia to break the retired leg-spinner Shane Warne’s world mark […]
‘s Atapattu determined to shine
Oct 21, 2007 (AFP) – Sri Lanka’s former captain Marvan Atapattu said Sunday he was determined to prove himself on the upcoming Australian tour after being dramatically picked through political intervention.“I have been out of the game for sometime and I know I have to perform and prove myself because I was invited due to […]
Getting Connected
Oct 20, 2007 (LBO) –The number of Sri Lankans buying mobile phones is still increasing rapidly, opening new avenues for equipment sellers and cellular operators who expand coverage and add services, industry officials say. Nokia and Siemens, two leading telecom equipment providers who merged in March this year, are hoping to cash in on the […]